Quanex Building Products (NX)
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NX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Quanex Building Products Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-21 16:00
Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation and certain officers for alleged violations of federal securities laws during the Class Period from December 12, 2024, to September 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased or acquired Quanex securities during the specified Class Period [2]. - The complaint alleges that the defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's business and operations [3]. - Specific allegations include underinvestment in tooling and equipment maintenance at the Tyman Mexico facility, leading to degraded conditions and potential significant costs that could delay expected benefits from the Tyman integration [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Quanex have until November 18, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - Bronstein, Gewirtz & Grossman, LLC is recognized for representing investors in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].
Do you own shares of NX? Robbins LLP Informs Investors of the Quanex Building Products Corporation Class Action Lawsuit
Prnewswire· 2025-09-19 22:21
Group 1 - A class action was filed on behalf of individuals and entities that purchased or acquired Quanex Building Products Corporation securities [1] - The relevant period for the class action is from December 12, 2024, to September 5, 2025 [1] - The company involved is listed on the NYSE under the ticker symbol NX [1]
NX Investors Have Opportunity to Lead Quanex Building Products Corporation Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-09-19 20:18
Group 1 - NX investors have the opportunity to lead a securities fraud lawsuit against Quanex Building Products Corporation with the Schall Law Firm [1]
QUANEX ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Quanex Building Products Corporation and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-19 19:26
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Quanex (NYSE:NX) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Quanex between December 12, 2024 and September 5, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 19, 2025 (GLOBE NEWSWIRE) -- What’s Happen ...
BREAKING: Quanex Building Products Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses
Globenewswire· 2025-09-19 19:11
Core Viewpoint - A securities fraud lawsuit has been filed against Quanex Building Products Corporation and certain executives following disappointing financial results and allegations of misleading investors regarding operational issues at its Tyman facility [1][2][3]. Financial Performance - On September 4, 2025, Quanex reported a diluted EPS of ($6.04), a significant decline from $0.77 in the same quarter the previous year, attributed to ongoing operational issues at the Tyman hardware facility in Mexico [2]. - The company's stock price fell over 23% in two trading days following the earnings announcement [2]. Allegations - The lawsuit claims that Quanex misled investors by not disclosing the poor condition of the Tyman facility, the associated risks, and the negative impact on expected cost savings and integration benefits [3]. Eligibility for Lawsuit - Investors who purchased Quanex common stock between December 12, 2024, and September 5, 2025, and experienced a decline in share value may be eligible to participate in the lawsuit [4]. Next Steps for Investors - The deadline to seek appointment as lead plaintiff is November 18, 2025, and a class has not yet been certified [5]. Whistleblower Information - Individuals with non-public information about Quanex are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Firm Background - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].
Law Offices of Howard G. Smith Encourages Quanex Building Products Corporation (NX) Investors To Inquire About Securities Fraud Class Action
Businesswire· 2025-09-19 19:00
Group 1 - A class action lawsuit has been filed on behalf of investors who purchased Quanex Building Products Corporation securities between December 12, 2024, and September 5, 2025 [1] - Investors in Quanex have until November 18, 2025, to file a lead plaintiff motion [1]
NX CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of Quanex Building Products Corporation Investors
Businesswire· 2025-09-19 16:28
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP ("GPM†), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of Texas, captioned Zanol v. Quanex Building Products Corporation, et al., Case No. 4:25-cv-04453, on behalf of persons and entities that purchased or otherwise acquired Quanex Building Products Corporation ("Quanex†or the "Company†) (NYSE: NX) securities between December 12, 2024 and September 5, 2025, inclusive. ...
QUANEX ALERT: Bragar Eagel & Squire, P.C. is Investigating Quanex Building Products Corporation on Behalf of Quanex Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-16 21:34
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Quanex Building Products Corporation for possible violations of federal securities laws and other unlawful business practices following disappointing financial results [1][3]. Financial Performance - On September 4, 2025, Quanex reported non-GAAP earnings per share of $0.69 for Q3 2025, which was $0.15 below consensus estimates [3]. - The company's stock price dropped by $2.73, or 13.06%, closing at $18.18 per share on September 5, 2025, in response to the earnings miss [3]. Challenges Faced - The CEO of Quanex highlighted significant operational challenges, including macroeconomic uncertainty, low consumer confidence, and issues related to the legacy Tyman window and door hardware business in Mexico [3].
INVESTOR ALERT: Investigation of Quanex Building Products Corporation (NX) Announced by Holzer & Holzer, LLC
Globenewswire· 2025-09-15 18:11
Core Insights - Holzer & Holzer, LLC is investigating Quanex Building Products Corporation for potential non-compliance with federal securities laws following a concerning earnings call on September 5, 2025 [1] - During the earnings call, Quanex acknowledged that the integration of the Tyman business was "underinvested" and that the condition of tooling and equipment was inadequate, which could negatively impact customer support [1] - Following the earnings call, Quanex's stock price experienced a decline, indicating a negative market reaction to the company's statements [1] Company Overview - Quanex Building Products Corporation trades on the NYSE under the ticker NX [1] - The company is currently facing scrutiny regarding its operational investments and the implications for its business performance [1] Legal Context - Holzer & Holzer, LLC is a law firm specializing in securities litigation, representing shareholders and investors in cases of corporate misconduct [3] - The firm has a history of recovering significant amounts for shareholders affected by fraud, indicating a proactive approach to investor rights [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Quanex Building Products Corporation. - NX
Globenewswire· 2025-09-14 14:00
Core Insights - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Quanex Building Products Corporation and its officers or directors [1] - Quanex reported third-quarter financial results on September 4, 2025, with non-GAAP earnings per share of $0.69, which was $0.15 below consensus estimates [3] - Following the earnings announcement, Quanex's stock price dropped by $2.73, or 13.06%, closing at $18.18 per share on September 5, 2025 [3] Financial Performance - The non-GAAP earnings per share for Quanex in Q3 2025 was $0.69, missing the consensus estimate by $0.15 [3] - The stock price decline of 13.06% indicates a significant market reaction to the earnings miss [3] Management Commentary - The CEO of Quanex highlighted challenges such as macroeconomic uncertainty, low consumer confidence, and operational issues related to the legacy Tyman window and door hardware business in Mexico [3]